Yet another bank has to be rescued: Eleven Banks Deposit $30 Billion in First Republic Bank

submitted by EternalSunset from wsj.com

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newinsightfulfun

[–]SMCAB 5 insightful - 4 fun5 insightful - 3 fun6 insightful - 4 fun -  (4 children)

Train derailments or banks failing? I don't know what to be scared of more! Tell me how to feel.

Next week, a train carrying a bank building for relocation will derail, then I will be really confused.

[–][deleted]  (2 children)

[deleted]

    [–]SMCAB 3 insightful - 4 fun3 insightful - 3 fun4 insightful - 4 fun -  (1 child)

    Jet fuel causes entire bank to fall into its own footprint at freefall speed from fires at the top, changing physics forever.

    [–]JasonCarswell 1 insightful - 3 fun1 insightful - 2 fun2 insightful - 3 fun -  (0 children)

    Next week, a train carrying a bank building for relocation will derail, then I will be really confused.

    LOLOLOLOLOLOLOL

    [–]JasonCarswell 2 insightful - 2 fun2 insightful - 1 fun3 insightful - 2 fun -  (0 children)

    Ha!
    In 2004 I used that bank when animating TV commercials in NYC, only because that's what CHRLX used. Better perks than most, perhaps because I was making 6 figures, but you had to be recommended to start an account for some reason.

    [–]WoodyWoodPecker 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

    How banks work: https://youtu.be/s-ycvJC-qIQ